A recent Revenue Ruling by the Commissioner of State Taxation has now made clear that the use and implementation of including the phrase 'and or nominee' in a contract, most likely for the purchase of land, is no longer required. A word of warning. If you think it is now safe to begin executing contracts for the purchase of land on behalf of family and friends and so on, think again. Signing a … [Read more...]
Welden & Coluccio Lawyers: Finalists in Australian Small Business Champions Awards
Welden & Coluccio Lawyers are thrilled to announce that they are finalists in the Australian Small Business Champions Awards. The prestigious event, held annually in Sydney, is described as the ‘Oscars event for small businesses’. Greg Welden and his wife Tanya will represent the firm tomorrow night, 1st April 2017, at a gala presentation dinner held at the Westin in Sydney. “While we … [Read more...]
Access Your Super Early: Top 7 Strategies
For many Australians times are financially tough. It is quite a source of frustration to know that you have a stash of money growing in a super fund, yet are struggling with mortgage repayments and the rising costs of living. Add to this an unexpected illness or significant misfortune and you may find yourself asking the question, “Can I get my hands on my Super early?”. In most cases, you … [Read more...]
Can I Gift My Inheritance to Someone Else?
At times, as Estate Specialists, we are asked questions relating to the implications for gifting their inheritance to other family members. One such elderly couple came to us asking if they could gift their share of an inheritance to their daughter. Obviously this couple had no need for the inheritance and wanted to provide the benefit to someone who would genuinely needs it. The amount involved … [Read more...]
Technology, Law and the New Age: Celebrations & Challenges
Robert F Kennedy in his 1966 speech that referenced an ancient Chinese curse said, “We live in interesting times. They are times of danger and uncertainty; but they are also the most creative of any time in the history of mankind.” While Kennedy was speaking to his generation, his words ring true for 2017 and the Technological Age that is currently unfolding. Many of us in the legal … [Read more...]
Appreciating the Role of Professional Counselling in Family Law Proceedings
There are times in my job that I feel more like a relationship counsellor than a Lawyer. Family Law is one where these roles work hand in hand. It is to be expected. I work closely with people as they struggle through the life challenges that separation and divorce bring. I aim to make the transition for my clients, their children and at times extended families, as stress free as … [Read more...]
Estate Planning for the Business Owner
A key concern for many families while preparing their Will and Testamentary documents is the discussion surrounding how they might ensure the needs of their children will be met in the event of their unexpected death or illness. Indeed, this is a critical discussion that must happen, particularly when the clients have very young children. While most clients in this situation come to us ready to … [Read more...]
Greg Welden, Guest Presenter at National Legal Conferences
In line with our mission to become the most respected, innovative and distinguished estate planning firm in Adelaide, we dedicate considerable time to both extending our knowledge and presenting this information, as leaders, to the broader legal community. Greg Welden was in Melbourne last week delivering a paper via ‘Live-video-Webinar’ in conjunction with the Television Education Network. … [Read more...]
Celebrity Wills Blog Series: (2) Heath Ledger
Updating your Will can be just as (possibly more) important than ensuring you have one in the first place. Celebrities are not immune from this either, take for example the ‘out of date’ Will of Heath Ledger. Everyone knows they should have a Will. Whether everyone actually has one is a different thing altogether. Whether it be apathy, laziness or fear of death, an alarmingly large number … [Read more...]
Real People, Real Law, Communicated Simply: What Makes Us Different
At Welden & Coluccio Lawyers we pride ourselves in having created, what we affectionately refer to as “a home-baked cookie kind of business”. I appreciate that this may seem like a long stretch. However, suspend your disbelief long enough to put aside your image of a lawyer (wig and gown clad if you wish), stooped over a stove, as the smell of freshly baked goods wafts gently in the … [Read more...]
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